<u>Answer:</u>
The statement that in the long run the demand curve will shift to the left until price equals average total cost and economic profit increases is not true.
Option: (I)
<u>Explanation:</u>
- In monopolistic competition, the demand for the commodity that is manufactured often remains constant, or at instances, increases as the manufacturer is the only player producing the commodity in that particular segment, or of that particular brand, or of that particular quality.
- These manufacturers often sell their products at costs more than the marginal costs by taking advantage of the monopolistic competition in place.
Answer:
Elaborate, repetitive and layered answers are meta discourse
Explanation:
Meta-discourse : Discussion about a discussion instead of a compact and concise way of conversing. It is a philosophical method of elaborating a topic so as to create a repetitive explanation.
Example of a meta discourse-
Cats are the best pets. Cats can be friendly and moody. Cats like to eat fishes. Cats are friendly upon giving food. Humans love to get friends with cats. They offer food to the cat.
(The paragraph is repetitive and explains the same lines)
It can be re written in the following manner:
"Cats are friendly pets who love to eat fishes"
Representatives vote as Their party wishes about<span> two-thirds of the time.
The remaining 1/3 votes are usually used to obtain favor from external groups or from other party's representative. For example, a representative from party A could vote for bill that will benefit corporation X in order to obtain a donation for the party
</span>
